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To: Mr. Mo who wrote (2325)	2/5/1999 1:37:00 PM
From: zuma_rk	Read Replies (2) \| Respond to of 20297

Hi Maurice...(haven't seen you 'round these parts for awhile) I agree with you, that's pretty lame of your bank. How much do they charge you for the service (that may be a tip off to their "let's keep the float) policy... As an aside, what prompted you to drop billpay through Quicken? I'm forced (regrettably) use Citi's direct service through Quicken (I've decided to shut down that account in the near future though, due to the ridiculous fees Citi charges for checks, ATM's, minimum balances, etc., etc.). Also, I signed up with Intuit online services though Quicken, and hooked it up with my Schwab One account, which allows me to use the same list of vendors (stored in Quicken) against either my Citi or Schwab accounts (btw, Intuit lets you use their billpay service (aka Checkfree) for up to 10 different bank accounts for the same flat monthly fee. RK

To: Mr. Mo who wrote (2325)	2/5/1999 1:44:00 PM
From: TQR	Respond to of 20297

Same thing happen to me when I switched from Checkfree direct to Intuit. I bounced a check because of this. I hope they return to paying on the date WE specify.

To: Mr. Mo who wrote (2325)	2/5/1999 1:51:00 PM
From: Sam Biller	Respond to of 20297

Quicken supports 2 methods of online bill payment - specify due date or specify processing date. The particular method used by your bank is a bank decision. IMHO, you should find another bank. In my case, I am using NationsBank Florida (formerly Barnett Bank) which uses the specify due date method. If they switched to the other method, I would probably move my account. You'll notice in the online center of Quicken that there are two date fields. One is processing date, which is greyed out in my case, the other is due date (which is probably greyed out for you). I think the Quicken help facility has a discussion of the two methods which may have more detail then what I've described. Sam (FWIW)

To: Mr. Mo who wrote (2325)	2/6/1999 1:26:00 PM
From: Big Al	Read Replies (3) \| Respond to of 20297

Maurice, the INSIDE SCOOP ON BANK ONE.... I went through all this with Benny about eight months or so ago on the thread when I signed up with BANK ONE. I had the same problems that you are venting about now. So, as as shareholder and believer of EBPP I set out on a mission to figure out how in the heck all this would work if the banks nick you for your float every time you pay a bill. If only I knew how to go back in time on all my post, I could post numerous and that would be able to explain the story. Here is the deal. I, like you said " how will EBPP survive at banks if they take your float away and use it for their own benefit?" So I called about ten people at Bank One (and got to one of the top people in their E-Banking Dept.) and finally figured it all out, but they don't tell you all this in their brochure. Many billers are able to receive bills electronically and many cannot but are obviously working towards being able to. So if the Biller is electronically capable of receiving the bill, then at Bank One you may pay that bill that day before bank posting hours are over and the bill hits the biller the next day. To be safe I pay one day early. In this example, you lose no float to the bank. Your money is extracted from your account and paid and posted to CF and CF in turn pays the biller electronically the day after your money has been extracted from your account making efficient use of your float and nobody rips you off. The problem that you have alluded to about having to pay five days early before the bill is due is directed at the biller who cannot today receive a bill from CF electronically. Therefore, you must pay this bill five days early in order for Bank One to GUARRANTEE an on time payment because that is sufficient time for CF to print and mail the payment for on time arrival to the biller. Lastly, what I do to get around all this BS this causes (which is a reason for slow adoption becuase it makes it too complicated) is I pay the electronically enabled billers one day prior and the non-E- enabled billers three days prior those that don't penalize me for being late. Yet, in this account I don't keep daily funds very high so there is no interest paid and my float in this account is of no consequence. In sumarry, consider staying with Bank One and work the non electronically enabled billers to youre advantage against the electronically enabled ones. At the rate billers are gearing up for EBPP most billers will be E-enabled in no time. Because I know where you are from, here is a list of the currently E-enabled billers in your area. Southwestern Bell Telephone, TU Electric, Texaco, MOBIL, Lone Star Gas, Visa,and many others to come as this market emerges.(I got this info. from Bank One.)CHeck back from time to time with Bank One to see who has been added to the list that you are billed from. Hope this helps, A.H. P.S. AS the EBPP revolution materializes, the billers WILL begin penalizing the consumer for late payments more and more . This is because it is in their best interest to not let you use your float time against them(ie. mail lag time) when they could potentially receive it on. This will spur EBPP when it happens more.

To: Mr. Mo who wrote (2325)	2/7/1999 8:54:00 AM
From: Robert Scott	Read Replies (1) \| Respond to of 20297

Sounds to me like an actual check is generated by BankOne from your account and then sent out. This is the way Mellon Bank's telephone or web bill paying works for many of my bills.

To: Mr. Mo who wrote (2325)	2/8/1999 10:13:00 AM
From: BitWizrd	Respond to of 20297

>>>Now, with BankOne, I am told I must pay my bills 5 days ahead of the due date. In other words, if the bill is actually due on the 10th, BankOne won't guarantee it's delivery unless I pay on the 5th. <<< Actually, if you read the fine print on the CheckFree direct literature, this has been and continues to be the case with CheckFree direct as well. I used to have to explain this on the phone to people who would schedule mortgage payment for the 15th, ignoring the fact that the payment was actually due the 1st. Then they'd ream me out because they got late fees when the payment didn't post until the next business day after the 15th. It's really always been this way.